- Robert Kiyosaki believes people near retirement have little time left to fix lost savings.
- He says the dollar is falling and people should move fast to keep what they still have.
- Coinglass data shows many traders lost large amounts in February as Bitcoin dropped.
Renowned market expert and Rich Dad’s author Robert Kiyosaki has issued a direct warning to Baby Boomers. He states that the financial system is collapsing under the weight of the biggest stock market crash in history. According to Kiyosaki, this downturn is not just a typical recession—it holds the potential to turn into a depression. Baby Boomers, who are near or past retirement, are particularly vulnerable and might face limited time to recover their financial footing.
Kiyosaki says this generation has “run out of runway”; it’s more like pilots who can’t land anymore. Baby Boomers, Kiyosaki insists, cannot depend on long-haul investment vehicles – stocks, bonds, mutual funds, or ETFs – because the values are decreasing dramatically. He feels that such people are witnessing a rapid erosion of financial security.
Kiyosaki Urges Shift Toward Non-Wall Street Assets
For years, Kiyosaki has urged the public to look beyond Wall Street for asset protection. He has long advocated for real gold and silver as traditional safe havens. However, he now includes Bitcoin among these alternatives. Kiyosaki explains that the Federal Reserve and the U.S. Treasury are actively devaluing the dollar through excessive money printing. This inflation, he says, drives up prices of necessities like food and housing while simultaneously weakening fiat currency.
Related: Robert Kiyosaki Predicts BTC to Hit $175K to $350K in 2025
He refers to assets such as gold, silver, and Bitcoin as the currency of the real world. It is none other than money which, like fat in the blood, is immune to government manipulation. Stocks or mutual funds do not belong in the same category, for these depend on promises or paper. As the dollar continues to depreciate, hard assets should gain in value, Kiyosaki adds. Consequently, he considers them essential tools for those seeking to preserve their remaining wealth during economic turbulence.
Bitcoin Drops Below $78K as Market Sheds Over $100B in 24 Hours
Bitcoin has plunged to $77,317.22, marking a steep 7.26% drop in the last 24 hours, according to CoinMarketCap. The sudden decline erased approximately $120 billion from its market cap, now down to $1.53 trillion. Despite the fall, trading volume surged by 229.77% to $46.01 billion, reflecting heightened market activity. Bitcoin’s fully diluted value currently stands at $1.62 trillion.
Source: CoinMarketCap
The latest chart shows BTC falling sharply from a high of $83,370, with consistent downward momentum throughout the day. The circulating supply remains at 19.84 million BTC, just below the fixed cap of 21 million. This drastic price movement follows broader liquidation pressures and investor uncertainty.
This drop in Bitcoin’s price aligns with Robert Kiyosaki’s warning of financial instability, further stressing the importance of diversifying into alternative assets like Bitcoin, gold, and silver. The market’s volatility highlights the urgency for investors to reassess their portfolios in light of ongoing economic challenges.
